Survey Finds Short Sales Outnumber REO in January Purchases

Is Buying a Foreclosure a Good Idea? Kraninger: Department of Education refusing to cooperate with cfpb survey finds Short Sales Outnumber REO in January Purchases The Southeast ranked second with 73 percent, followed by the West with 71 percent, and the Midwest with 68 percent. The survey asked when homes were purchased, the purchase prices of the homes, the type of homes purchased (short sale, foreclosure, new or existing), and the age groups of the homeowners.After Department Of Education Refuses To Implement Rule for.

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Fleming’s more optimistic outlook is mirrored in the Freddie Mac U.S. Economic and Housing Market Outlook survey for the month of January. The Freddie report says economic growth will strengthen by 2.1% in the first quarter of 2012, while mortgage rates will remain low at least through the beginning of the year.

Gallup: Americans not as optimistic about homeownership Americans are more optimistic about their personal finances than at any point in 16 years, with 69 percent reporting that they expect to be better off financially at this time next year, according to Gallup.The figure is only two points below the record high of 71 percent recorded in March 1998.

The June RE/MAX Housing Report shows a 4.3% decrease in closed transactions over May, but a 4.1% increase over sales in June 2012. This makes June the 24th month in a row reporting higher sales than the same month in the previous year. This year’s selling season continues to experience higher home sales than the turnaround year of 2012. Of the 52

“However, 20 percent of buyers under the age of 33, the prime group of first-time buyers, delayed their purchase because of outstanding debt. In our recent consumer survey. sales, with 11%.

Survey finds short sales Outnumber REO in January Purchases Short-sales and foreclosures are 45% of ALL (active, pending sale and closed sales) real estate residential transactions in our market. We already know that short-sales are here to stay.

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Short Sale | Bank REO Real Estate – short sales accounted for 15.9% of home purchases in January, surpassing the share of other distressed property activity, when real estate owned (REO) properties are measured separately, according to a monthly Campbell/Inside Mortgage Finance (IMF) survey of more than 1,500 real estate agents, conducted by Campbell Surveys.

Eminent domain debate turns the mortgage industry libertarian Downpayment requirements fall for 30-year, frms survey finds short sales Outnumber REO in January Purchases Short sales accounted for 15.9% of home purchases in January, surpassing the share of other distressed property activity, when real estate owned (reo) properties are measured.

OCC: Mortgage performance improves in third quarter OCC: Mortgage Performance Improves in Q4 BY: ESTHER CHO A higher share of mortgages were current and performing at the end of the fourth quarter, while the number of new foreclosures hit a record low, the Office of the Comptroller of the Currency (OCC) revealed in its Mortgage Metrics Report.

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